Resources

Uninsured Interest Rates

Effective November 19, 2018

New Special Rate 1-year starting at 3.98% pays you 50 bps

1-year starting at 4.09% pays you 70 bps
2-year starting at 4.49% pays you 80 bps
3-year starting at 4.58% pays you 95 bps

Insured Interest Rates

Effective December 10, 2018

Download Insured Interest Rate Sheet

These mortgage rates apply to insured, purchase applications.

Rate Hold: 120 days

Rate Buy Down: Unlimited

5-year Posted
Your commission –> 125 bps

LTV ≤ 75%: 3.64%
LTV 75.01-80%: 3.74%
LTV > 80%: 3.59%

3-year Posted
Your commission –> 100 bps

LTV ≤ 75%: 3.59%
LTV 75.01-80%: 3.69%
LTV > 80%: 3.44%

5-year No Frills
Your commission –> 80 bps
Insurer premium applied

LTV > 80%: 3.49%

Annual Percentage Rate (APR) means the cost of borrowing for a mortgage expressed through the interest rate including all charges related to the mortgage. APR is based on a $ 150,000 mortgage for the applicable term. The annual interest rate and APR are normally the same, as XMC does not charge fees on insured mortgages. E&O.

☆☆ Perfect Package Promotion: Add +5 bps to your commission when (1) we receive signed commitment back within 10 days of issue AND (2) the full and complete doc package delivered together at least two weeks prior to closing date.